BMO: Diamond Prices to Rise 6 Percent a Year to 2020
Diamond – Bloomberg reported that the price of diamonds will rise 6 percent per year until 2020 as output fails to meet increased demand from China and India, according to BMO Capital Markets.
Articles Tagged "diamond demand"
Brown Diamonds Set to be the Next Big Thing
Diamond – Colin Ferguson of Rare Investment believes that prices for brown diamonds will rise dramatically in the next five years.
China and India Emerging as Drivers of Diamond Demand
Diamond – In China and India, increasingly wealthy consumers who are adopting the western tradition of giving diamond jewelry to celebrate engagements and weddings are beginning to drive demand in the diamond market.
Botswana’s Economic Growth Expected To Decline On Slowed Diamond Sales
Diamond – Reuters reported Botswana is expected its economic growth to slow as diamond demand stutters.
De Beers Says Diamond Down 30 Percent, Demand Up 30 Percent
Diamond – Mining Weekly reported diamond supply has fallen nearly 30% since 2007 and demand has risen by the same percentage in that same five-year period, says De Beers CEO Philippe Mellier.
Diamond Demand Set To Rise In Asia
Diamond – Mineweb reported India's diamond export and import industry experienced tremendous losses of 44% and 20% respectively in May, but is expected to recover on increased demand as evidenced by an increase in April.
Diamond Prices Up in 2012
Diamond – Reuters reported prices of rough diamonds are expected to rise this year after a turbulent 2011, driven by recovering consumer demand in the United States and a robust appetite for the gems in Asia.
Rough Diamond Demand Ready to Boom
Diamond – Mineweb reported rough diamond demand is expected to rise drastically in the next year.
Ari Epstein Says China Will Outrank U.S. in Diamond Demand
Diamond – Bloomberg reported a video interview with Ari Epstein who says China will soon outrank the U.S. in diamond demand.
Diamonds To Outperform Gold In 2012?
Diamond – Should you invest in diamonds or follow the masses into gold? If your decision is based on a comparison of their performances, here's what you need to consider.
